Gold Hits Historic Highs as Safe-Haven Demand Surges 🚀
Gold prices (XAU/USD) have climbed above $4,600/oz, fueled by geopolitical tensions, weak U.S. dollar, and ongoing safe-haven demand. Short-term pullbacks occur, but the overall trend remains bullish.
📌 Key Facts
Black live chart line on goldprice.org shows higher highs & higher lows → bullish momentum.
Institutional accumulation and central bank purchases are supporting the price floor.
U.S. Fed rate uncertainty and dollar weakness are boosting demand for gold globally.
💡 Expert Insight
Gold’s strong chart action signals continued upward pressure; traders should watch key support levels for consolidation before further breakout.
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XAUUSDT
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